› Flat Chat Strata Forum › Community Title › Manager profits from gas stored in our tank › Current Page
deesee2304 – The creation of this By-law will clearly impact on your business and any ‘on sale’ of your business in the future so it is best to get it worded correctly. You will need to seek your own legal advice on the wording of the By-law. Any owner who submits their own By-law for consideration by the Owner’s Corporation organises and pays for any legal advice (if required) themselves. The Flatchat site includes several legal Contacts who would be able to assist you.
Once you and your solicitor have drafted the By-law you will need to submit it to the Secretary of the OC via the Strata manager to be included on the Agenda of the next General Meeting.
Another option to explore …. There are several bulk buying gas operators for strata in NSW. Perhaps you can make inquiries about their pricing and raise this as an alternative to your current provider in a Motion at your next General Meeting.
The powers and functions of an Owners Corporation are conferred on it by statute and are exercised for the ‘benefit of the owners’. You are an owner and have all of the rights with regard to fairness and equity as all other owners.